Archive for July 27th, 2012

Banks not helping small businesses

Barclays faces new FSA investigation

Barclays plc (LSE:BARC) is facing further challenges in rebuilding its reputation after revealing today that four current and former senior employees are being investigated by the Financial Services Authority (FSA). The bank has been under fire since it was announced …

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Natwest

Nationwide and NatWest say account problems fixed

Nationwide Building Society and NatWest have said that the problems which hit customers' accounts this week have been fixed. Human error was blamed by Nationwide for an issue that

BSkyB

BSkyB acquires Pantheon Media in move to create content distribution arm

British Sky Broadcasting Group Plc (LON:BSY), or BSkyB, said today it had finalised the takeover of international distribution and multi-media rights management firm Parthenon Media Group as part

Supermarket shopping

French retailer Casino takes full control of Monoprix in €1.175bn deal

French retailer Casino Guichard-Perrachon SA (EPA:CO) said today it had sealed a deal to buy Groupe Galeries Lafayette's 50% stake in hypermarket chain venture Monoprix for EUR1.175bn (USD1.444bn). The

HSBC building, Hong Kong

HSBC disposes of its take in Asian card processing venture for $242m

British banking group HSBC Holdings Plc (LON:HSBA) said on Friday that it had reached a deal to dispose of its 44% interest in a card processing joint venture

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